There are thousands of different cryptocurrencies and tokens available in the market, with Bitcoin being the most well-known and the first to be created.
However, market capitalization is one of the main factors that determine the popularity and value of a cryptocurrency. It is calculated by multiplying the total number of coins or tokens in circulation by their current market price.
The top 100 cryptocurrencies and tokens by market capitalization are constantly changing, with new projects emerging and some falling out of favor. As of 2023, the top cryptocurrencies and tokens by market capitalization include Bitcoin, Ethereum, Binance Coin, Cardano, Dogecoin, XRP, and SHIB. These digital assets are being used for a wide range of purposes, from facilitating online transactions to supporting decentralized applications and smart contracts.